• Netflix piles up on debt with new $2bln IOU

    22 days ago - By Reuters

    Netflix will tap debt markets for the second time this year with a $2 billion higher-interest bond offering as the streaming video service looks for more money to buy new content and stay ahead of the competition.
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  • Netflix Is Tacking on Another $2 Billion in Debt to Fund New Content

    22 days ago - By Fortune

    Netflix plans to continue burning through cash in order to fund a push for more original programming and subscribers.
    The streaming giant on Monday announced plans to raise $2 billion through a bond offering, which will be issued in dollars and euros and take the company's debt past $10 billion for the first time.
    The move comes on the heels of Netflix's third quarter report last week, which surpassed analysts' expectations for subscriber growth with 7 million new customers worldwide.
    Netflix has made no secret of its strategy to spend as much cash prioritizing original series and films...
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  • Netflix is issuing another $2 billion of junk bonds to fund its cash-burning content business

    Netflix is issuing another $2 billion of junk bonds to fund its cash-burning content business

    22 days ago - By Business Insider

    Netflix on Monday launched a new $2 billion debt offering to fund its cash-burning content business.
    This latest round of junk bond offerings will push Netflix's debt load above $10 billion for the first time, according to Bloomberg.
    The streaming-media giant posted last week third-quarter earnings and subscriber growth that topped expectations, but warned investors that the costs of developing original content will continue to weigh on its profit this year.
    Watch Netflix trade in real time here.
    Netflix is launching a new $2 billion debt offering to fund its cash-burning content business...
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  • Netflix is issuing another $2 billion of junk bonds to fund its cash-burning content business

    Netflix is issuing another $2 billion of junk bonds to fund its cash-burning content business

    22 days ago - By Business Insider

    Netflix on Monday launched a new $2 billion debt offering to fund its cash-burning content business.
    This latest round of junk bond offerings will push Netflix's debt load above $10 billion for the first time, according to Bloomberg.
    The streaming-media giant posted last week third-quarter earnings and subscriber growth that topped expectations, but warned investors that the costs of developing original content will continue to weigh on its profit this year.
    Watch Netflix trade in real time here.
    Netflix is launching a new $2 billion debt offering to fund its cash-burning content business...
    Read more ...

     

  • Netflix is issuing another $2 billion of junk bonds to fund its cash-burning content business

    Netflix is issuing another $2 billion of junk bonds to fund its cash-burning content business

    22 days ago - By Business Insider

    Netflix on Monday launched a new $2 billion debt offering to fund its cash-burning content business.
    This latest round of junk bond offerings will push Netflix's debt load above $10 billion for the first time, according to Bloomberg.
    The streaming-media giant posted last week third-quarter earnings and subscriber growth that topped expectations, but warned investors that the costs of developing original content will continue to weigh on its profit this year.
    Watch Netflix trade in real time here.
    Netflix is launching a new $2 billion debt offering to fund its cash-burning content business...
    Read more ...

     

  • Netflix is fueling its ballooning cash burn with $2 billion in new debt

    22 days ago - By CNBC

    The $2 billion adds to the growing debt burden on Netflix's balance sheet. At the same time, Netflix is burning cash at faster and faster rates.
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  • Netflix adds to growing debt pile with $2 billion bond issue

    22 days ago - By Reuters

    Netflix Inc announced on Monday it will tap debt markets for a second time this year, aiming to raise another $2 billion as the streaming video pioneer invests heavily in production of original shows and content acquisition to fend off intensifying competition.
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